"I would class a stock as being oversold when the Stochastic osillator has crossed the signal line and is at the bottom of the range."
Which is where PEN is now!
Also the MACD confirms this and is forming a double bottom.
Now with a good "shake" at 4.2 it will be interesting to see what happens next.
jorc, page-13
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 9.9¢ | $2.282M | 22.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 700639 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 982989 | 17 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |